Royal Dutch Shell Plc Earns Outperform Rating from RBC Capital (RDSB)
Royal Dutch Shell Plc (LON:RDSB)‘s stock had its “outperform” rating reissued by equities research analysts at RBC Capital in a research note issued to investors on Wednesday. They currently have a GBX 2,700 ($44.81) price objective on the stock. RBC Capital’s target price suggests a potential upside of 6.09% from the stock’s previous close.
RDSB has been the subject of a number of other recent research reports. Analysts at Oddo & Cie reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Tuesday. They now have a GBX 2,600 ($43.15) price target on the stock. Separately, analysts at Sanford C. Bernstein reiterated a “market perform” rating on shares of Royal Dutch Shell Plc in a research note on Monday. They now have a GBX 2,300 ($38.17) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Royal Dutch Shell Plc in a research note on Monday. Two analysts have rated the stock with a sell rating, nine have given a hold rating and fourteen have given a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of GBX 2,503.97 ($41.55).
Shares of Royal Dutch Shell Plc (LON:RDSB) opened at 2554.50 on Wednesday. Royal Dutch Shell Plc has a 52 week low of GBX 2069.50 and a 52 week high of GBX 2990.50. The stock’s 50-day moving average is GBX 2526.34 and its 200-day moving average is GBX 2454.. The company’s market cap is £162.0 billion.
Royal Dutch Shell plc (LON:RDSB) is an independent oil and gas company, based in the United Kingdom.
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